Bitcoin dips under $63,000 and history says more pain ahead before bottom forms

Bitcoin has recently dipped below the significant threshold of $63,000, and historical trends indicate that investors may face further challenges and potential losses before the market reaches a stable bottom whereby a recovery can begin to take shape. This pattern suggests that, based on past behavior, there could be more volatility and downward movement in the price, leading to increased anxiety among traders and stakeholders until a more favorable market turnaround occurs. source: https://www.coindesk.com/markets/2026/02/24/bitcoin-dips-under-usd63-000-and-history-says-more-pain-ahead-before-bottom-forms